Global Payday Loan Cash Net 500 Financial
Global Payday Loan - Cash Net 500 Financial they withdrew $445.00 from my checking account without my authorization. My checking account is now -$107.00. They also charged me $270.00 in interest fees. Ripoff

Last 01 I filed online for a loan of $200.00 with loan company called Cash Net 500. On 01/13/06 I got an email from a representative named Ange asking me to fax to her my most recent bank statement and and a voided blank check. I called up Ange to verify the request. She told me the papers are needed to process muy loan. I faxed her the documents.

Last 01/19/06, the company deposited electronically to my bank North Island Credit Union the amount of $300.00. I was surprised because I applied for $200.00 only. From 02/01/06 to 04/01/06 the company charged my checking account $90.00 each month. I called up Ange and asked her I can pay them $50.00 each month for the principal. She declined my request and told me that they will charged me $90.00 per month until the $300.00 is paid in full.

On 05/01/06 they were not able to withdraw the $90.00 but they withdrew $50.00 from my checking account. Last 06/07/06 called up my bank and learned that my checking account balance is -$107.06.

I was also informed that a company called Global Payday Loan withdrew $445.00 from my checking account last 06/05/06. Later, I found out from the the internet that Global Payday Loan and Cash Net 500 are one and the same company. I was advised by my bank to close my checking account but I need to pay them the $107.60.

I will appreciate it very much if you can help me recover my money.

James
San Diego, California
U.S.A.

Company: Global Payday Loan Cash Net 500 Financial
Country: USA
State: Utah
City: Murray
Address: P.O. Box 572037
Phone: 8006547444

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